Trade Guideline For Wednesday (Nasdaq NQ)

A large gap-up with a close near the high of the day implies the shorts capitulated into the close. If there is going to be a follow through buying on Wednesday, the market should stay above Tuesday's close. A break below the close implies it is going into consolidation or reversal down.

I will use 2375 as Line-in-the-Sand.

• Above 2375 implies NQ is going higher to 2390 then 2405
• Below 2375 the market is going to decline down to 2360 then 2345